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TOP

Rounded top Chart Pattern of MRK:What Is A Rounding Top Chart Pattern ? A chart pattern used in technical analysis which is identified by price movements that, when graphed, form the shape of an upside down “U”. A rounding top may form at the end of an extended upward trend and indicates a reversal in the long-term price movement. A rounding top represents a sell signal . The initial upwards trend becomes exhausted as the demand for the stock dries up. The reversal to the downward slope of the rounding top indicates that demand has tapered off and a surplus supply is present, basically there are more sellers than buyers. The price will be move so far in-case of breakout any side cause, the pattern is too tight.
NYSE:MRK
by Jay_shree
12
EURGBP. The price may not reach the resistance level.Hello ladies and gentlemen! The price of the Euro has strengthened against the British pound in just 2 days. This trend should continue, however, due to the weekend, much can change in the market. If you have this asset, then wait until the price reaches the first target, because it may not grow to the second. Good luck to you. If you liked this idea, please like and subscribe to my profile. This idea does not provide the financial advice.
Long
by UnknownUnicorn6402893
5
USDCNH. The price will continue to grow.Hello dear subscribers! The price of the American dollar will rise, because America is selling the securities of Chinese companies, we are talking about 50 billion dollars that were invested in the fund in 2017. This money will be withdrawn from these assets, thereby undermining the economy This means that the price of the Dollar will rise and reach the target. However, this action may have unpredictable consequences. Good luck to you. If you liked this idea, please like and subscribe to my profile. This idea does not provide the financial advice.
Long
by UnknownUnicorn6402893
1
USDCAD. The price will rise, but on one condition...Hello dear subscribers! The price of the American dollar rose sharply in just 2 months. The price has acquired the bullish flag pattern, if the price reaches 1.41000, then this is a buy signal. If this does not happen, then you do not need to enter into a deal and you should not risk it. Good luck to you. If you liked this idea, please like and subscribe to my profile. This idea does not provide the financial advice.
Long
by UnknownUnicorn6402893
2
EURUSD. The price will fall.Hello dear subscribers! The price of the Euro will fall as soon as it crosses the border of the key level at 1.10000. There is a sell zone, you could sell there. The price will fall, but will not reach the support level. The fall will stop at 1.08000. It will all happen after the upcoming weekend. Good luck to you. If you liked this idea, please like and subscribe to my profile. This idea does not provide the financial advice.
Short
by UnknownUnicorn6402893
13
BTC going to touch 10366 or 11K before ABC?hello traders, hope you catch some of the wildest pump in history,.... next levels are a lot harder to predict since we are closing to halving, so playing with 50% of the usual position is recommeded. lets get to the analise: Please note we have touched 9400 and diped to 8666 which now acts as Support, as long as it acts as S, next level can be breached, and that is 9666 and it could take us to 10366 and 11k dip or 10366 and dip or straight to 11k and dip, either way it looks like it has some more room to the upside, also the 50 and 200 emas are still very apart, and they kinda need to come to 4% of difference to be claimed as TOP, or the golden cross should be made and we start dipping again. anyway, it looks like the top is still far away, also after ABC or after halving retracement ....BTC and crypto as whole is in crazy good condition to be bulish on the long TM, ...lets see how far will it bring us. p.s. no position in BTC, only alts/usd atm, crazy btc :)
BITSTAMP:BTCUSDLong
by dejc123